How Gold Performed in 2009
Gold demand and price experienced significant fluctuation during the year 2009. The demand of gold fell from the exceptional levels to about 3385.8 tonnes. It is 11 percent less than the demand in the years before it. This decrease in the demand during the first quarter of the year masked the recovery in industry and jewellery. This resilience in demand was actually related to the increase in the prices of gold.
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Categories: Futures and Commodities